Chapter 70 The Rubber Crisis V

Now Shanghai's dignitaries and wealthy ladies have joined the rubber market, and a large amount of gold and silver jewelry has been pledged to buy stocks, and the income obtained by the officials has also bought stocks.

At the home of Chen Yiqing, the owner of Zhengyuan Bank, he invited Dai Jiabao, the owner of Zhaokang Bank, and Lu Dasheng, the owner of Qianyu Bank, to discuss the rubber market together.

After some politeness, Chen Yiqing, as the host, was the first to ask. "What do you think of this rubber market?"

"This time the rubber has risen sharply, and many people have made a fortune, and now it is impossible to say whether the price can still rise." Lu Dasheng of Qianyu Qianzhuang replied

"Yes, I also think that the rubber has risen a little too fast this time, and I dare not go into the water to test it." Dai Jiabao also expressed his opinion.

After hearing the words of the two, Chen Yiqing talked about his investigation. "I wasn't convinced before, but I sent someone to investigate. The United States imported 71 million taels of silver of rubber last year, England also imported 11 million taels, and other countries have a market of hundreds of millions of silver for this rubber a year. Not to mention that the price of rubber is now six taels per pound of silver, and the production cost is very low, which is a profitable business. ”

The two of them heard the results of Chen Yiqing's investigation and knew that this person was also moved. "Then according to Brother Yiqing's meaning, we will do it last time?"

"That's what I think, just relying on our three money banks may be a little smaller. I plan to find close contacts with Senyuan, Yuanfeng, Huida, Xieda, Jinda five money banks to do it together, we do the east and they help, you see the whole thing. ”

The two of them heard what Chen Yiqing meant, it seems that this person is going to make a big deal, Dai Jiabao wants to know how much he plans to do, so he asked. "Brother Yiqing, there is a gold lord standing behind you, if it is still less, you can't say it."

Dai Jiabao said that the owner of the money is Shi Dianzhang, who was previously the prefect of Guangzhou and was later transferred to the general income and expenditure of the Sichuan-Han Railway Company, in charge of this railway company raised funds by the Sichuan people. Now he has 3.5 million railway construction funds in his hand, and he has put 2 million yuan in Chen Yiqing's money bank for him to operate, which is a veritable big financier.

"The sum of our three is only 6 million taels, I think it is still less, I plan to have tens of millions of taels to make this plate of rubber."

After hearing Chen Yiqing's words, the two felt in their hearts that this master was really ambitious, and this was to control the rhythm of the rubber market.

Seeing the silent two, Chen Yiqing asked. "Do you dare to do it with me, as long as we succeed, we can all make a fortune."

Lu Dasheng, who was encouraged by Chen Yiqing, replied. "Brother Yiqing wants to be big, and I will also accompany the guarantee, after all, I also have your share in Qianyu Qianzhuang."

Dai Jiabao, who was awakened by Lu Dasheng's words, secretly scolded 'confused', Chen Yiqing also has a share in his own bank, which is not less. Now I can only accompany him once. Also spoken. "I'm also willing to accompany Brother Yiqing."

After seeing that both of them agreed, Chen Yiqing said with a smile. "Refreshing, then let's just do him."

After making a bold speech, Chen Yiqing continued. "After the two of you go back, you can send more bank tickets and raise some silver, and we will make up for the money we earn."

After some discussion, the two left the Chen family and prepared to go. Chen Yiqing came to the study after seeing them off, and planned to write letters to Senyuan, Yuanfeng, Huida, Xieda, and Jinda, respectively, and let them enter the hot industry of rubber together.

Within two days, Chen Yiqing's letter was placed in the hands of Yan Yibin, the owner of Senyuan Qianzhuang, this Yan Yibin is a red-top businessman, and "very red", he has three money in his hands, one is Senyuan Qianzhuang, the other is called Yuanfeng Run Qianzhuang, and the other is called Yuantong Qianzhuang. In this Yuanfengrun Money Village, you can see that he is "very popular".

Yuan Fengrun is the largest money bank in Shanghai and one of the largest money banks in China, with branches in Hankou, Tianjin, Beijing, Guangzhou and other places, and 17 branches in the country. In his bank, there were not only the savings of ordinary people, but also a large amount of government money, customs and customs revenues, and war reparations paid to the foreign powers on a regular basis, and tens of millions of taels of silver that were usually circulated in Yuanfeng.

Now Yan Yibin, who is popular with half the sky, is also secretly thinking about the gains and losses after reading Chen Yiqing's letter. Now the good performance of rubber makes him excited, but he also knows the risks at a glance. After thinking about it for a while, greed finally blinded the red-capped businessman's heart, and he replied to Chen Yiqing that he would support Zhengyuan Qianzhuang's speculative action.

Chen Yiqing, who was waiting at home, received a reply from these five companies, and they were all willing to enter the rubber market together. Chen Yiqing, who waited for the news, was overjoyed, and now he is full of spirit and has the courage to guide the financial world.

Subsequently, a large number of funds from Qianzhuang entered the market, among which Chen Yiqing's Zhengyuan Qianzhuang, Zhaokang Qianzhuang and Qianyu Qianzhuang invested 7 million taels of silver, and the stock price rose to a new high, and Shanghai's star stock Willis rubber stock broke through the 500 mark in one fell swoop.

At this time, the banking circles represented by HSBC announced that they would accept payments secured by the shares of 14 rubber companies, including Willis. Subsequently, Chinese money banks followed suit, also announcing that they could use shares as collateral. Stimulated by these two good news, the crowd has gone completely crazy, and they can't listen to the persuasion at all, and a large number of people have begun to mortgage to buy stocks.

Seeing the gradually rising prices, Sterry also felt that it was almost the same. Nestri of Willys arranged for two assistants. "We can slowly release our stocks, and I believe there will be good gains."

"I'm going to release our stock." Stockel, who had been anxious before, couldn't agree more, he was already intimidated by the current stock price, which was now ten times the issue price, which made him uneasy.

"Stokel, don't be anxious, we have a lot of stocks in our hands, three to four months is a reasonable release time, and it must be released safely and slowly." Seeing his eagerness, Strye warned repeatedly.

"Okay, I'll pay attention and won't let others find out." Seeing that Sterry said very solemnly, Stockel also knew that the stakes were high, and it was related to whether they could evacuate safely.

"Felix told the other group that we were starting to release the stock and that it would coordinate with each other."

"Okay, I'll bring them a message." Felix replied to Sterry's arrangement.

Their subsequent slow release of stocks did not cause any ripples in the frenzied stock market. By April, when it was fully released, Willis' share price had broken through the 1,000 mark, and now Shanghai, the largest financial center in the Far East, was running out of cash.

Now Stelle and the others know that they need to prepare for a safe evacuation.